Opportunities

A leading global investment fund administrator, is seeking a full-time P&L Analyst for their downtown Toronto office.

The analyst will responsible for providing trade support for deals initiated by the trading desks stretching across various asset classes.

The position requires thorough understanding of complex OTC instruments, close attention to detail and an ability to get closure on issues promptly. The successful candidate will be working in a dynamic and challenging environment covering day to day client support and related controls across OTC derivative transactions.

Primary Responsibilities:

• Perform daily processing responsibilities including trade reconciliation, accurate trade processing, trade affirmations and pricing
• Perform valuation of assigned client portfolios while analyzing P&L changes. Reviewing and addressing all out of tolerance fluctuations
• Interact with various third party service providers such as custodians, brokers and external valuators to resolve discrepancies and escalate issues to relevant personnel
• Review trade blotters to accurately setup new OTC instruments and book/modify orders as applicable
• Review and analyze multiple corporate actions including pay-downs, splits, mergers & acquisitions, spin offs etc.
• Prepare daily, weekly and monthly P&L reports for review catering to internal risk team and client representatives
• Monitor fund pricing policy on an ongoing basis and escalate trading in restricted asset classes to the management team
• Understand and be able to communicate key regulatory changes that impact product support and derivative trading
• Create month end packages according to the process control checklist

Requirements:

• Bachelor degree in Finance/Accounting or equivalent
• Completion or candidacy in CFA, CSC or similar designation an asset
• Advanced proficiency in MS Excel
• Strong analytical skills and basic knowledge of financial instruments
• Strong adaptability and learning capability
• Excellent oral and written communication skills

A leading global investment fund administrator, is seeking a full-time Hedge Fund Accountant for their downtown Toronto office. The fund accountant will be responsible for every aspect of Hedge Fund NAV calculation and administration. The position requires strong accounting skills, along with acute attention to detail and the ability to work in a fast paced, time sensitive environment with competing deadlines.

Primary Responsibilities:

• Cash and position reconciliation between accounting system, Prime Broker, Investment Manager and Custodian
• Accounting for all investment transactions including trades, subscriptions/redemptions, income and expense accruals
• Maintain the accounting records of client portfolios
• Book and verify listed and OTC trades in a timely manner
• Upload prices from client file for tier three funds
• Accurately identifying, booking and verifying all corporate actions per internal procedures
• Report the daily net asset value of funds to clients and their representatives according to instructions
• Perform additional audit and compliance checks to support the calculation of the NAV
• Liaise with internal staff and clients to resolve all issues concerning trade corrections, cash discrepancies, questionable transactions, etc.
• Perform management and performance fee calculations and make necessary adjustments accurately that impact the unit price
• Prepare financial statements and allocations
• Establish and maintain excellent rapport with internal departments/external contacts

• Bachelor degree in Finance/Accounting or equivalent
• Completion or candidacy in CPA, CSC or similar designation an asset
• Demonstration of excellent judgment capability in a fast paced/time sensitive working environment
• Moderate proficiency in MS Excel and other MS office programs
• Strong analytical skills and fundamental accounting knowledge
• Excellent oral and written communication skills

A leading global investment fund administrator, is seeking a full-time Corporate Actions Analyst for their downtown Toronto office.

The corporate actions team is responsible for ensuring accurate and timely reflection of all events, mandatory, mandatory with options and voluntary corporate actions, originated by listed companies.

The team monitors market data through multiple vendor reports and books all corporate actions as applicable on assigned client databases. Additionally, the corporate actions team is also responsible for generating support documentation to assist internal stakeholders, including other middle office and back office operations teams. The analysts will be frequently required to address ad-hoc queries from fund accountants and analysts from others departments. The position requires fundamental understanding of listed instruments, specialized training will be provided. The successful candidate can expect to work in a dynamic, time sensitive and challenging environment.

Primary Responsibilities:

• Perform daily checks to ensure all corporate actions data is up to date in the system.
• Book all applicable corporate actions on assigned client databases within internal SLA deadlines.
• Check pre and post corporate action position and cash flows against vendor data to verify accuracy of bookings.
• Generate support documentation, including, source data, P&L impact abstract, position and cash flow impact abstracts.
• Ensure that execution instructions are received for voluntary & mandatory with option corporate actions in a timely manner from back office operations, indicating client selection, where standing instructions are unavailable.
• Coordinate with data providers for any outstanding issues/changes or modifications.
• Liaise with trustees and custodians for clarifications, additional details as applicable.
• Address queries from back office and middle office teams in a timely manner, providing relevant documentation, explanations and other support as required.

• Bachelor degree in Finance/Accounting or equivalent
• Completion or candidacy in CFA, CSC or similar designation an asset
• Intermediate proficiency in MS Excel
• Strong analytical skills and knowledge of financial instruments
• Strong adaptability and propensity to learn new and challenging things
• Excellent oral and written communication skills

A leading global investment fund administrator, is seeking a full-time Analyst for their downtown Toronto office.

The analyst will be responsible for a variety of duties, including, assisting with the preparation of Financial Reporting, Tax and Audit.

This position requires knowledge of the investment fund industry from an operations, technical, business processes and management skills perspective. Additionally, the successful candidate must exhibit an eye for creativity, close attention to detail and an ability to get closure on issues promptly.

Primary Responsibilities:

• Create & periodically review both, listed & OTC securities per backups provided by the valuations team;
• Update missing RICs and other global I.Ds as needed, ensure valuations team is advised of any changes on security master that may potentially impact NAV valuations;
• Research and prepare corporate action templates in accordance with the prospectus/circular/tax filings;
• Liaise with the valuations team to obtain the necessary documents to in order to determine booking methodologies;
• Review and spot check corporate actions templates prepared by the team;
• Ensure all procedures are, without exception, followed accurately and consistently, and proper backup is included within the corporate action package;
• Provide list of corporate actions to valuations team upon request.
• Prepare valuation packages for new funds, including daily, weekly, and monthly NAVs;
• Ensure absolute accuracy with pricing, corporate actions, dividends, fund specific accruals & all other transactional activity;
• Update NAV discrepancy report and submit to the Manager and ensure that the policy mandate governing NAV error reporting is strictly followed;
• Ensure capital stock transactions are recorded accurately and reconciled with URK reports;
• Ensure all documentation is up to date & proper procedures are in place for NAV delivery to clients, URK and third parties;
• Assist in preparing Semi-annual and Year-end financial statements;
• Preparing and analyzing year-end distribution calculations;
• Provide comprehensive training to new employees, and to existing members of the team;
• Keep up-to-date with new legal & regulatory requirements which may impact operations;
• Work to continually improve the processes associated with your assigned functions;
• Keep management informed of any and all issues that could have an impact on current processes & deliverables.

• Bachelor degree in Finance/Accounting or equivalent.
• Completion or candidacy in CFA, CSC or similar designation an asset.
• Intermediate/Advanced proficiency in MS Excel.
• Strong analytical skills and basic knowledge of financial instruments.
• Ability to work with minimal supervision to prioritize and manage work.
• Strong adaptability and learning capability.
• Excellent oral and written communication skills.
• Prior accounting/finance experience preferred but not required.
• New/recent graduates are welcome to apply.

A fast growing Canadian hedge fund manager, is seeking a full-time Operations Associate for their downtown Toronto office.

Reporting to the Managing Director and to the Director of Operations/Valuations, the duties performed by the Associate will include the following tasks and responsibilities:

Valuations: working with the Director of Operations/Valuations on Excel-based valuation models for daily, weekly and month return estimates, month-end valuation packages, the production of semi-annual fund financial statements and year-end fund audited financial statements;

Compliance: working with the Chief Compliance Officer to ensure that investor compliance documentation including, subscription agreements and Know Your Client forms reflect accurate and up-to-date information. Following up with clients pro-actively to resolve any related issues. The incumbent will also be responsible for periodic compliance related projects and regulatory filings;

General administration and operations: assisting with updating marketing materials, monthly investor reporting, web site updates, organizing mail, filing, etc.

• Post-secondary education in Accounting/Finance or equivalent
• Strong teamwork skills and eagerness to learn from others
• Strong attention to detail
• Intermediate level proficiency in MS Excel
• Excellent time management and prioritization skills
• Excellent oral and written communication skills

• Prior valuation or accounting experience
• Canadian Securities Course, completed or in progress
• Advanced MS Excel, including VBA
• HTML programming skills
• Long-term commitment

A leading global investment fund administrator, is seeking a full-time Associate for their downtown Toronto office.

Under the direction of the Manager, the Associate will primarily be responsible for producing / reviewing NAV calculations for assigned private equity, private debt, and real estate funds in an accurate and timely manner.

The associate will also be the primary preparer and point of contact for tax & audit related reports and queries; in addition to assisting with the preparation of financial statements, responding to internal/external queries, and other duties as assigned. Other duties may include contributing to the development of department initiatives/projects as required. As a member of the Private Equity team, it is imperative that the successful candidate show a keen initiative in continually developing expert knowledge of private equity, private debt, and real estate funds and the private equity sector overall.

Utilizing that knowledge to collaborate within the team and with other departments to create & improve the NAV calculation efficiency, accuracy and procedural diligence with industry leading best practices to ensure the success of the company’s private equity offering.

Primary Responsibilities:

• Review NAV calculations prepared by other team members.
• Perform verification functions for valuation of assigned funds, analyzing & reporting changes.
• Interact with various third party valuators to investigate and resolve discrepancies, escalating issues for clarification/approvals to relevant personnel as required.
• Accurately processing transactions including capital calls, distribution waterfalls.
• Prepare taxes, audit packages, and other deliverables as required.
• Respond to client queries and maintain positive client relationships.
• Collaborate with staff or external parties to establish, maintain, or improve tools and processes.
• Create and maintain process-related documentation.
• Train new team members as required.
• Contribute to or lead department initiatives/projects as required.
• Develop a professional and productive relationship with other teams and departments.
• Keep management informed of any and all issues that could have a Customer impact.
• Work to continually improve the processes associated with your assigned functions.

• Bachelor or Master Degree in Finance/Accounting or equivalent.
• Advanced proficiency in MS Excel.
• Strong analytical skills and advanced knowledge of financial instruments.
• Strong adaptability and learning capability.
• Superior organizational, communication, and interpersonal skills.
• Superior attention to detail.
• Ability to work with minimal supervision to prioritize and manage work.
• Excellent client service skills.

• Prior industry experience
• Completion or candidacy in CFA, CPA or similar designation an asset

A global financial institution is seeking a Derivative Valuation Analyst for their downtown Toronto office.

The Derivatives Analyst will be responsible for analyzing, valuing, validating, and reconciling Listed, OTC and OTC Cleared Derivatives in addition to alternative investment products in a time sensitive environment.

The position requires thorough understanding of complex OTC instruments & alternative investment products, close attention to detail and an ability to get closure on issues promptly. The successful candidate will be working in a dynamic and challenging environment covering day to day operations impacting multiple business lines.

Primary Responsibilities:

• Setting up of listed and OTC derivatives in security databases for valuations;
• Testing and validating setups for pricing/valuation accuracy post setup;
• Produce daily valuation reports and P&L impact reports, including backdated impacts;
• Monitor and analyze price movements for positions in breach of thresholds;
• Reconcile positions and P&L against third parties;
• Provide support to trade processing team on new deals, communicating with IMs to secure confirmations for deals exceeding price variance thresholds;
• Active participation in special projects designed to stream line processes through automation;
• Strict adherence to all policies and procedures as defined in the risk and compliance protocols.

• Bachelor degree in Finance/Accounting/Math or equivalent
• Intermediate proficiency in MS Excel
• Strong analytical skills and basic knowledge of financial instruments
• Strong adaptability and learning capability
• Excellent oral and written communication skills

• Prior industry experience
• Completion or candidacy in CFA, CPA or similar designation
• Experience with OTC Derivatives valuation systems and Workflows

We are seeking a Derivative Analyst for a global financial institution for their downtown Toronto office.

As a part of the alternative investment services group the Derivatives Analyst will be responsible for analyzing and reconciling Listed and OTC Cleared Derivatives.

The position requires thorough understanding of listed & complex OTC instruments, close attention to detail and the ability to coordinate with multiple internal and external stakeholders, timely and efficiently.

Primary Responsibilities:

• Perform day to day processing and analysis of equity/credit derivative products, alternative products and term loans;
• Successful delivery of assigned accounting, finance and reporting functions adhering to multiple daily deadlines, while ensuring accuracy of performance and exposure analysis;
• Calculating and posting MTM for all open positions to applicable reporting systems;
• Clear breaks identified in the reconciliation process through GL adjustments and verify resulting P&L impact;
• Monitor net cash flows for the various products;
• Produce daily valuation reports and P&L impact reports, including backdated impacts;
• Reconcile positions and P&L against third parties;
• Strict adherence to all policies and procedures as defined in the risk and compliance protocols.

Requirements:

• Bachelor degree in Finance/Accounting/Math or equivalent
• Intermediate proficiency in MS Excel
• Strong analytical skills and basic knowledge of financial instruments
• Strong adaptability and learning capability
• Excellent oral and written communication skills

Preferred:

• Prior industry experience
• Completion or candidacy in CFA, CPA or similar designation
• Experience with OTC Derivatives systems and Workflows